The CEO of Asure is Exercising Options

By Carrie Williams

Yesterday it was reported that the CEO of Asure (ASURResearch Report), Patrick Goepel, exercised options to buy 80,000 ASUR shares at $5.47 a share, for a total transaction value of $438.3K.

This recent transaction increases Patrick Goepel’s holding in the company by 12.9% to a total of $6.17 million.

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Based on Asure’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $26.76 million and GAAP net loss of $2.89 million. In comparison, last year the company earned revenue of $21.77 million and had a GAAP net loss of $3.77 million. Currently, Asure has an average volume of 342.7K.

Starting in January 2019, ASUR received 11 Buy ratings in a row.

Patrick Goepel’s trades have generated a 35.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Asure Software, Inc. engages in the provision of workforce management software solutions and services. It offers cloud-based software-as-a-service solutions under the AsureSpace and AsureForce brands. The company was founded in 1985 and is headquartered in Austin, TX.